Korea Economic Daily

Maximum Alert Level Activated Following Iran's warning of retaliation after the United States attacked Iranian nuclear facilities, U.S. authorities issued terrorism threat alerts across the country on the 22nd (local time). The United States Departme

Iran's 'brinkmanship'… Global economy on high alert 20 million barrels of crude oil exported daily to Asia, including South Korea, Japan, and China, pass through The only route connecting the Persian Gulf with the open ocean Oil exports make up 20~30

Wi Sung-lac, Director of National Security, will attend the North Atlantic Treaty Organization (NATO) summit in place of President Lee Jae-myung. This summit will be held on the 24th-25th (local time) in The Hague, Netherlands. The Presidential Offic

"Half of Iran's Missile Launchers Destroyed" Israel is significantly expanding its military offensive against Iran with support from the United States. Israeli Prime Minister Benjamin Netanyahu emphasized his hardline stance, saying, "We will not hal

As instability in the Middle East intensified, the exchange rate surged by nearly 20 KRW. This marks the largest increase in about 80 days since early April, when exchange rates fluctuated due to President Donald Trump's imposition of reciprocal tari

Expected in June but canceled due to diplomatic variables Rising need for trade negotiations and economic cooperation Uncertainty grows amid tense Middle East developments There is growing attention on when President Lee Jae-myung and U.S. President

Former U.S. President Donald Trump suggested that if the lives of Iranian people do not improve, regime change could potentially occur within Iran. On the 22nd (local time), President Trump posted on the social networking service (SNS) Truth Social,

International oil prices surge 4% at open amid threat of Hormuz Strait blockade Jihee Yoo, Hankyung.com reporter keephee@hankyung.com

KRW-based Stablecoins Government Expected to Accelerate Introduction Surge for Me2on, Thezen, etc. US Circle Rallies After Listing With the inauguration of the new administration, expectations for the introduction of KRW-based stablecoins have grown,

Ongoing Concerns about Oil Price Surge Due to Middle East Tensions May PCE to be Released on the 27th This week (23rd–27th) on the New York Stock Exchange, issues in the Middle East and the May Personal Consumption Expenditures (PCE) price index are

Senior Islamic Revolutionary Guard Corps official, National TV Interview A senior Iranian official stated on the 20th (local time) that agreeing to a ceasefire at this stage would be a 'mistake', and claimed that Iran's enriched nuclear material has

Meeting with USTR Representative to Discuss Mutual Tariff Reductions, etc. Chief Trade Negotiator Visiting the United States on the 22nd Issues on the Table: Lifting Beef Age Restrictions, Export of Google Detailed Maps, etc. Expected Topics for Nego

The three major New York stock indexes showed mixed movements. The Dow rose for the first time in three sessions, while the S&P 500 Index fell for the third consecutive day. Amid ongoing uncertainty over the U.S. military response to Iran, semiconduc

"Difficult to demand Israel to stop airstrikes" "NATO members must spend 5% of GDP on defense... the United States is an exception" President Donald Trump of the United States emphasized on the 20th (local time) that the 'two-week' deadline set to de

KRW 25 billion investment secured as a 'lifeline for management rights' to maintain listing Largest shareholder is Parataxis, a Bitcoin investment firm with no ties to biotech Back-to-back failed trials, BBT-877 efficacy not demonstrated Bridge Bioth

Will Iran give up its nuclear ambitions? US: Even with a bunker buster strike, No guarantee of total elimination of nuclear facilities Pressure on Iran for 'voluntary nuclear abandonment' Even MAGA voices oppose intervention Iran cornered by concentr

Europe Faces Delays in Auto Parts Procurement Likely to Demand Removal of Export Permit System The European Union (EU) is reportedly prioritizing expanded access to Chinese rare earth elements and critical minerals as its top agenda in the upcoming s

The U.S. government has set a two-week negotiation deadline for Iran. President Donald Trump wants Iran to dismantle its nuclear program on its own and 'surrender' as the U.S. desires. There are two main responses within Iran. Publicly, they advocate

Israel’s war expenses are estimated to reach several billion won each day. The biggest cost is intercepted missiles from Iran. The longer the conflict with Iran continues, the more difficult it will be to bear the financial burden, analysts say. Acco

With the KOSPI index surpassing 3,000 and showing strong gains, the KRW-USD exchange rate fell sharply (the value of the won rose). This was influenced by an increase in net purchases by foreign investors. News of the U.S. holding off on Middle East

With two digital asset (virtual asset) industry-related bills being simultaneously promoted by the Minjoo Party of Korea, internal differences in regulatory standards and policy direction have become apparent. This is because the two bills diverge on

The KOSPI is gradually approaching the 3,000 mark. The KOSDAQ index is also seeing a slight rise. As of 9:04 a.m. on the 20th, the KOSPI is pointing to 2,982.35, up 4.61 points (0.15%) from the previous day. The KOSPI started trading at 2,986.52, an

Evacuation to Jordan via Land Route The government is evacuating Koreans who were residing in Israel. Korean nationals in Israel had previously decided their whereabouts independently, such as leaving for Jordan on a chartered bus arranged by the Kor

The Path to Becoming One of the Top 3 AI Powers (1) Discover Korea's 'True AI Competitiveness' Manufacturing Data: The 'Rare Earths' of the AI Era Collecting even minute details like operating temperature Optimal management of equipment maintenance a

0.2%P Growth Rate Increase Effect from Extra Budget Impact of Trump Tariffs·Worsening Situation in the Middle East The government expects that injecting a total of 44 trillion won through two rounds of supplementary budgets this year will be able to